Private equity firms grow through successful investments and successful people. As organizations mature, they face decisions about when to promote junior professionals into partnership and how to maintain culture during leadership transitions.
Waud Capital Partners recently announced several promotions, expanding its partnership and principal ranks. These moves reflect both individual accomplishments and the firm’s continued growth.
January 2025: Three New Partners Named
In January 2025, Waud Capital announced the promotion of three professionals to Partner: Tim Cremieux, Kyle Lattner, and Paul Sutphin. Additionally, Mike Lehman was promoted to Principal.
Reeve B. Waud, Founder and Managing Partner, commented: “At Waud Capital, we firmly believe that exceptional people drive exceptional value, and it holds true in both our portfolio and firm. I am proud of the caliber of talent we have within Waud Capital, and these promotions are a testament to that. The entire Partner group is excited to welcome Tim, Kyle and Paul to the partnership.”
Tim Cremieux joined Waud Capital in 2017 and focuses on the Healthcare Group. He helped lead the PharmAlliance platform investment and supports portfolio companies including Apotheco, PromptCare, and Provider Network Holdings. His responsibilities span pharma services, payor services, medication supply chain, and wellness sectors.
Kyle Lattner joined the firm in 2013 and also works within the Healthcare Group. He helped lead recent investments in Senior Helpers and Mopec Group, the pathology equipment supplier acquired in January 2025. Lattner has been involved with Ivy Rehab for nearly a decade and focuses on medical device and supply chain services, home care, multi-site providers, and behavioral health.
Paul Sutphin joined in 2013 as well, working within the Software & Technology Group. He helped lead the Science Exchange investment and supports portfolio companies including Fusion Health, PracticeTek, and Sphere. His investment focus includes software, healthcare IT, financial technology, and tech-enabled services.
Matthew Albers’ 2024 Promotion to Partner
Earlier, in January 2024, Waud Capital promoted Matthew Albers to Partner. Albers joined the firm in 2019 as Vice President of Capital Markets and had meaningfully advanced the firm’s financing approach.
Reeve Waud explained the promotion: “As Waud Capital Partners has grown, capital markets have become increasingly important. Matt’s promotion is in recognition of his leadership and expertise within this sphere, which has benefited the firm and our portfolio companies. In addition, he has taken on a broader leadership role within WCP, creating co-investment opportunities and helping to drive investor relations.”
During his tenure, Albers facilitated more than $5 billion in financing commitments across more than 60 transactions throughout Waud Capital’s portfolio. His work supports portfolio companies’ growth initiatives and acquisition financing needs.
Scaling Leadership for Portfolio Growth
These promotions reflect Waud Capital’s organizational scaling. Founded by Reeve Waud in 1993 as a one-person operation, the firm now employs approximately 70 professionals.
Chris Graber, Partner and Head of the Healthcare Group, commented on the promotions: “All of these new Partners have demonstrated extraordinary leadership, delivering value, insights and expertise to their portfolio companies and contributing to the continued success of Waud Capital.”
Justin DuPere, Partner and Co-Head of the Software & Technology Group, added: “These promotions underscore our momentum going into 2025 as we look to deploy capital across key sectors. Our newly elevated leaders exemplify our talent-led, thesis-driven investment approach that will help us successfully capitalize on opportunities in the year to come.” Waud Capital Partners manages approximately $4.6 billion in assets as of December 31, 2022. The firm has completed more than 460 investments since its 1993 founding.
